ProShares UltraShort holds recent Real Value of $15.24 per share. The prevailing price of the etf is $14.98. At this time the etf appears to be undervalued. Macroaxis determines value of ProShares UltraShort from analyzing the etf fundamentals such as Number of Employees of 10, Last Dividend Paid of 0.041 and Ten Year Return of
(33.03)% as well as examining its technical indicators and Probability Of Bankruptcy. In general, we support investing in undervalued entities and to dispose of overvalued entities since at some point stocks prices and their ongoing real values will merge together.
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ProShares UltraShort is not very volatile asset. Calculation of real value of ProShares UltraShort is based on 2 months time horizon. Increasing ProShares UltraShort time horizon generally increases accuracy of value calculation and significantly improves predictive power of the methodology used.